S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
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Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
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What to Expect from the Markets in a Recession
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
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S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
pixel
What to Expect from the Markets in a Recession
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
pixel
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
pixel
What to Expect from the Markets in a Recession
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
pixel
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
pixel
What to Expect from the Markets in a Recession
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
pixel
NASDAQ:ATSG

Air Transport Services Group - ATSG Stock Forecast, Price & News

$31.40
-1.60 (-4.85%)
(As of 08/5/2022 08:48 PM ET)
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Compare
Today's Range
$30.60
$32.89
50-Day Range
$27.50
$33.03
52-Week Range
$23.68
$34.54
Volume
470,400 shs
Average Volume
436,225 shs
Market Capitalization
$2.34 billion
P/E Ratio
12.08
Dividend Yield
N/A
Price Target
$40.00

Air Transport Services Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
27.4% Upside
$40.00 Price Target
Short Interest
Healthy
4.42% of Float Sold Short
Dividend Strength
N/A
Sustainability
-5.53
Upright™ Environmental Score
News Sentiment
1.17mentions of Air Transport Services Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$29,228 Bought Last Quarter
Proj. Earnings Growth
15.20%
From $2.04 to $2.35 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.81 out of 5 stars

Transportation Sector

25th out of 153 stocks

Air Courier Services Industry

2nd out of 3 stocks

ATSG stock logo

About Air Transport Services Group (NASDAQ:ATSG) Stock

Air Transport Services Group, Inc., together with its subsidiaries, provides aircraft leasing and air cargo transportation and related services in the United States and internationally. The company offers aircraft, flight crews, aircraft maintenance, aircraft hull and liability insurance, and aviation fuel services; and aircraft maintenance and modification services, including airframe modification and heavy maintenance, component repairs, engineering services, and aircraft line maintenance. It also provides equipment maintenance services; cargo load transfer and package sorting services; crew training services; and airline express operation, line and heavy maintenance, and ground handling services. The company's ground support services include labor and management for cargo load transfer and sorting; design, installation, and maintenance of material handling equipment; leasing and maintenance of ground support equipment; and general facilities maintenance. In addition, it offers equipment installation and maintenance, vehicle maintenance and repair, jet fuel, and deicing services. Further, the company operates cargo and passenger transportation business; resells and brokers aircraft parts; and performs passenger-to-freighter and passenger-to-combi conversions of aircrafts. It provides its services to delivery companies, freight forwarders, airlines, air transportation, e-commerce, package delivery, and logistics industries, as well as government customers. As of December 31, 2021, the company's in-service aircraft fleet consisted of 107 owned aircraft and ten leased aircraft. The company was formerly known as ABX Holdings, Inc. Air Transport Services Group, Inc. was founded in 1980 and is based in Wilmington, Ohio.

Analysts Set New Price Targets

A number of brokerages have recently commented on ATSG. StockNews.com lowered Air Transport Services Group from a "buy" rating to a "hold" rating in a report on Saturday, June 18th. Cowen increased their price objective on Air Transport Services Group from $31.00 to $40.00 in a report on Monday, May 9th. Finally, Cowen increased their price objective on Air Transport Services Group from $31.00 to $40.00 in a report on Monday, May 9th.

Air Transport Services Group Price Performance

Shares of NASDAQ:ATSG opened at $31.40 on Monday. The business has a 50 day moving average price of $29.87 and a 200 day moving average price of $30.00. Air Transport Services Group has a twelve month low of $23.68 and a twelve month high of $34.54. The company has a market cap of $2.34 billion, a price-to-earnings ratio of 12.08 and a beta of 0.56. The company has a quick ratio of 0.89, a current ratio of 1.04 and a debt-to-equity ratio of 0.94.

Air Transport Services Group (NASDAQ:ATSG - Get Rating) last announced its earnings results on Thursday, August 4th. The transportation company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.09. Air Transport Services Group had a return on equity of 14.74% and a net margin of 11.01%. The firm had revenue of $510.00 million during the quarter, compared to the consensus estimate of $505.54 million. During the same quarter in the prior year, the company earned $0.35 EPS. The firm's revenue for the quarter was up 24.4% compared to the same quarter last year. Research analysts predict that Air Transport Services Group will post 2.04 earnings per share for the current year.

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ATSG Stock News Headlines

ATSG Reports Strong Second Quarter 2022 Results
ATSG looks back on a decade of growth
7 Airline Stocks to Buy That Should Keep Flying
Top Airline Stocks for Q2 2022
See More Headlines
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ATSG Company Calendar

Last Earnings
8/04/2022
Today
8/07/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Air courier services
Sub-Industry
Air Freight & Logistics
Current Symbol
NASDAQ:ATSG
CUSIP
00922R10
Employees
5,280
Year Founded
2007

Price Target and Rating

Average Stock Price Forecast
$40.00
High Stock Price Forecast
$40.00
Low Stock Price Forecast
$40.00
Forecasted Upside/Downside
+27.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$231.42 million
Pretax Margin
16.88%

Debt

Sales & Book Value

Annual Sales
$1.73 billion
Cash Flow
$6.47 per share
Book Value
$17.82 per share

Miscellaneous

Free Float
73,108,000
Market Cap
$2.34 billion
Optionable
Optionable
Beta
0.56

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ATSG Stock - Frequently Asked Questions

Should I buy or sell Air Transport Services Group stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Air Transport Services Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Air Transport Services Group stock.
View analyst ratings for Air Transport Services Group
or view top-rated stocks.

What is Air Transport Services Group's stock price forecast for 2022?

1 analysts have issued 1 year target prices for Air Transport Services Group's stock. Their ATSG stock forecasts range from $40.00 to $40.00. On average, they expect Air Transport Services Group's share price to reach $40.00 in the next twelve months. This suggests a possible upside of 27.4% from the stock's current price.
View analysts' price targets for Air Transport Services Group
or view top-rated stocks among Wall Street analysts.

How has Air Transport Services Group's stock price performed in 2022?

Air Transport Services Group's stock was trading at $29.38 on January 1st, 2022. Since then, ATSG stock has increased by 6.9% and is now trading at $31.40.
View the best growth stocks for 2022 here
.

When is Air Transport Services Group's next earnings date?

Air Transport Services Group is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our earnings forecast for Air Transport Services Group
.

How were Air Transport Services Group's earnings last quarter?

Air Transport Services Group, Inc. (NASDAQ:ATSG) issued its earnings results on Thursday, August, 4th. The transportation company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.50 by $0.09. The transportation company earned $510 million during the quarter, compared to analyst estimates of $505.54 million. Air Transport Services Group had a trailing twelve-month return on equity of 14.74% and a net margin of 11.01%. The business's quarterly revenue was up 24.4% on a year-over-year basis. During the same quarter last year, the business posted $0.35 earnings per share.

What other stocks do shareholders of Air Transport Services Group own?

What is Air Transport Services Group's stock symbol?

Air Transport Services Group trades on the NASDAQ under the ticker symbol "ATSG."

Who are Air Transport Services Group's major shareholders?

Air Transport Services Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include River Road Asset Management LLC (10.63%), Redwood Investments LLC (0.93%), Thompson Siegel & Walmsley LLC (0.79%), TCW Group Inc. (0.68%), Deroy & Devereaux Private Investment Counsel Inc. (0.64%) and Comerica Bank (0.20%). Company insiders that own Air Transport Services Group stock include Brady Thomas Templeton, David R Soaper, Deborah A Loveless, Edward Russell Smethwick, James T Pradetto, Jeffrey J Vorholt, Joseph C Hete, Michael L Berger, Quint O Turner, Randy D Rademacher, Raymond E Johns Jr, Robert K Coretz and W Joseph Payne.
View institutional ownership trends for Air Transport Services Group
.

How do I buy shares of Air Transport Services Group?

Shares of ATSG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Air Transport Services Group's stock price today?

One share of ATSG stock can currently be purchased for approximately $31.40.

How much money does Air Transport Services Group make?

Air Transport Services Group (NASDAQ:ATSG) has a market capitalization of $2.34 billion and generates $1.73 billion in revenue each year. The transportation company earns $231.42 million in net income (profit) each year or $2.60 on an earnings per share basis.

How many employees does Air Transport Services Group have?

Air Transport Services Group employs 5,280 workers across the globe.

When was Air Transport Services Group founded?

Air Transport Services Group was founded in 2007.

How can I contact Air Transport Services Group?

Air Transport Services Group's mailing address is 145 HUNTER DR, WILMINGTON OH, 45177. The official website for Air Transport Services Group is www.atsginc.com. The transportation company can be reached via phone at (937) 382-5591, via email at investor.relations@atsginc.com, or via fax at 937-383-3838.

This page (NASDAQ:ATSG) was last updated on 8/8/2022 by MarketBeat.com Staff

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